Lennar (LEN) Asset Utilization Ratio (2010 - 2026)
Lennar's (LEN) Asset Utilization Ratio was 0.95 for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 5.1% from 1.00 a year earlier and down 2.6% from the prior quarter.
Lennar (LEN) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Asset Utilization Ratio at Lennar was 0.90, up 2.6% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 0.88 in FY2024 (-0.7%), 0.89 in FY2023 (-6.3%), 0.95 in FY2022 (+10.1%) and 0.86 in FY2021 (+13.3%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since fiscal Q1 2025.
- Year over year, Asset Utilization Ratio gained in five of the last eight quarters, with growth averaging 3.7%.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q3 2022 (growth of 14.9%); the low point was fiscal Q3 2026 (a decline of 5.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.98 (Q2 2026), 0.98 (Q1 2026) and 0.99 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.23 Bn | 29.53 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 21.49 Bn | 14.78 Bn | 1.06 Bn | 0.90 |
| 3 | Lennar | 18.48 Bn | 8.85 Bn | 618.54 Mn | 0.95 |
| 4 | Nvr | 15.99 Bn | 9.28 Bn | 485.14 Mn | 1.72 |
| 5 | Toll Brothers | 12.69 Bn | 8.07 Bn | 625.22 Mn | 0.74 |
| 6 | Champion Homes | 4.23 Bn | 1.71 Bn | - | - |
| 7 | Cavco Industries | 4.02 Bn | 2.77 Bn | - | - |
| 8 | Meritage Homes | 3.91 Bn | 831.07 Mn | 513.60 Mn | 1.42 |
| 9 | M | 2.95 Bn | 20.36 Mn | 235.50 Mn | 0.88 |
| 10 | Kb Home | 2.62 Bn | 1.82 Bn | -857.09 Mn | 0.75 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.95 |
| May 31, 2026 | 0.98 |
| Feb 28, 2026 | 0.98 |
| Nov 30, 2025 | 0.99 |
| Aug 31, 2025 | 1.00 |
| May 31, 2025 | 1.02 |
| Feb 28, 2025 | 0.94 |
| Nov 30, 2024 | 0.87 |
| Aug 31, 2024 | 0.93 |
| May 31, 2024 | 0.92 |
| Feb 29, 2024 | 0.90 |
| Nov 30, 2023 | 0.89 |
| Aug 31, 2023 | 0.90 |
| May 31, 2023 | 0.92 |
| Feb 28, 2023 | 0.91 |
| Nov 30, 2022 | 0.92 |
| Aug 31, 2022 | 0.92 |
| May 31, 2022 | 0.89 |
| Feb 28, 2022 | 0.85 |
| Nov 30, 2021 | 0.82 |
Lennar Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();